For Sale · Multifamily

BSMT - 3 BERKSHIRE DRIVE, St. Catharines (Carlton/Bunting)

BSMT - 3 BERKSHIRE DRIVE, St. Catharines (Carlton/Bunting), ON L2M3Y3

Price on request

—

Asset Class

Multifamily

Size

—

Building class

A

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

96%

About this property

Recently Renovated Basement Suite - Modern, Bright & Open Concept Welcome to this beautifully renovated lower-level suite located in a quiet and desirable St.Catharines neighborhood. Thoughtfully updated throughout, this unit offers a clean, modern feel with a spacious open-concept layout designed for comfortable everyday living. The unit has been recently renovated, with all carpeting removed and replaced with attractive, easy-to-maintain vinyl flooring throughout and fresh paint. The open-concept living, dining, and kitchen areas create a spacious and inviting atmosphere, making the unit feel bright, functional, and welcoming. The modern kitchen offers ample cabinetry and counter space, while the thoughtfully designed layout provides plenty of room for relaxing, dining, and entertaining. The bedrooms offer comfortable living space and flexibility for a small family, couple, professionals, or thoseneeding a home office. It also offers separate entry. Located in a newer residential neighborhood, the home is 5 years old and conveniently close toshopping (Canadian Tire), restaurants (Mandarin), gyms (Good Life), schools, parks, transit,and other everyday amenities.Highlights include:Recently renovated throughoutModern vinyl flooring throughout - no carpetSpacious open-concept layoutClean, modern finishesLocated in a newer residential neighbourhoodQuiet corner-lot settingConvenient access to shopping, restaurants, schools, transit, and major amenitiesA great opportunity to enjoy a freshly renovated, modern living space in a convenient St.Catharines location.Available Soon - Book your private viewing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

114,138

Households

39,440

Median income

$89,000

Median age

41.8

Daytime population

157,044

5-yr growth

1.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for BSMT - 3 BERKSHIRE DRIVE, St. Catharines (Carlton/Bunting).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.